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a week ago us tax stock sold off hard and we said that it was just a start the economic situation is beginning to come to a hit the trillion dollar wipe out last week has now tripled things are getting worse over $3 trillion do in value are now gone and volatility is through the roof and itamp;#39;s likely this selloff isnamp;#39;t done yet if we look at the charts we could be heading back to Q3 of 2022 and thatamp;#39;s when the Samp;amp;P collaps from 43 00 all the way down to 3600 over multiple weeks of sell-offs fear and momentum are dangerous combinations everyone is in panic mode now so it pays to be ultra cautious we know the end game is higher asset prices we are in a forever inflation economy but things can turn deflationary for risk Assets in a hurry and this is what happens when interest rates stay too high for too long plus you have a daily mix of high valuations all we needed was a trigger and we got it from the dismo jobs report and this could be the start of the slow
